From easing the limits to ending the extreme throttling-back that has seen some countries exceed original cutback targets, Russia sees a range of options that would allow OPEC+ to continue output cooperation until year-end.

McDermott International, Inc. (NYSE: MDR) announced it has been awarded a sizeable* contract by ADNOC to provide FEED services on a design-competition basis for phase one of the Umm Shaif Gas Cap Condensate Development Project.

His Excellency Dr. Sultan Ahmed Al Jaber, UAE minister of state and Group CEO of the Abu Dhabi National Oil Company (ADNOC), and Darren W. Woods, chairman and CEO of ExxonMobil Corporation, met to explore new opportunities for collaboration in the upstream and downstream sectors, and discuss wider regional and business-related developments of mutual interest.

The Abu Dhabi National Oil Company (ADNOC) has announced, as part of Abu Dhabi’s block licensing strategy and on behalf of the Supreme Petroleum Council (SPC) – the details of the second round of five new geographical oil and gas blocks open for bidding for both conventional and unconventional resources.